At Olympic Mortgages, we specialize in commercial mortgages and private equity real estate investments for nearly any project including multi-family, retail, office, industrial, land and construction projects across British Columbia. Our commercial mortgage broker team specializes in creating innovative and flexible solutions with prompt approvals and exceptional customer service.
What’s the difference between the average commercial vs residential mortgage in Canada?
- Interest rates on a commercial mortgage are typically higher
- The average commercial mortgage has 20-year amortization
- Lower loan-to-value ratio, meaning more money down
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Types of Commercial Properties
Olympic Mortgages provide commercial financing for multi-family, retail, office, industrial, land development and construction.
Commercial properties including apartments, manufactured housing, condominiums, mixed-use and co-operatives.
Commercial properties including single tenant office buildings to multi-asset portfolios of all sizes.
Commercial properties including a wide array of single tenant properties to multi-property portfolios.
Commercial properties including factories, centers of distribution, warehousing and manufacturing
We can arrange acquisition and servicing loans to take raw land through the development agreement and subdivision process.
Commercial Finance Options
We provide access to commercial mortgage products from over 40 lenders for nearly every commercial real estate project.
We provide commercial mortgage financing for all your real estate purchase needs including multi-unit, office, retail and much more.
CMHC Insured Mortgages
CMHC provides mortgage loan insurance for the construction, purchase and refinancing of multi-unit residential commercial properties.
Finance your new construction project using short term or interim loan advances to the builder at periodic intervals as work progresses.
Refinancing into a better mortgage product with more flexible terms and a lower rate will be a large benefit to your business.
Bridge financing provides a short-term option for financing until the property is stabilized and permanent financing can be arranged.
Private commercial lenders are available to fill in the gaps when traditional banks and lenders cannot provide the funding you need.
Renewal and Transfer
We have access to a vast network of commercial lenders and will find the best products for your commercial mortgage renewal.
A second mortgage can be used for consolidating debts or financing improvements and usually carries a higher rate of interest than the first.
A hybrid of debt and equity financing that gives the lender the right to convert to an equity interest in the company if the loan is not paid back.
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